Three Inflexion companies have recently announced acquisitions, bringing the number of portfolio add-on acquisitions this year to 18, of which the majority have been international, covering Europe and North America.
Avantus Aerospace, the global leader of C-Class and Composite parts for the aerospace and defence industry, has announced the acquisitions of US companies California Screw Products (“CalScrew”) and Fastener Innovation Technology (“FIT”). CalScrew manufactures unique, high-strength fasteners for commercial and military aerospace applications, whilst FIT manufactures unique, high-strength specialty fasteners for military and commercial aerospace applications. Both are a natural fit with the other companies in the Avantus group.
Radius Payment Solutions, the fleet payment processing and telematics provider to small and medium sized fleets across Europe, North America and Asia, announced the acquisitions of Connect Total Communications, one of the UK’s leading suppliers of telecoms solutions to small and medium businesses. This acquisition represents the sixth by Radius in the telecoms sector in the last two years, and substantially increases its mobile base as well as its geographical footprint.
Ocorian, the diversified financial services group with four areas of expertise, Fund Services, Corporate Services, Capital Markets and Private Client services, has acquired Newgate Compliance, which will strengthen Ocorian's service offering to asset managers that operate in the regulated UK market. This follows the transformational acquisition of Estera in 2019 and Allegro earlier this year, creating a global service provider serving over 8,000 clients from 16 key jurisdictions.